other_material
confidence high
sentiment neutral
materiality 0.55
Vivani Medical withdraws Cortigent spin-off record date due to US government shutdown
Vivani Medical, Inc.
- Withdrew record date of October 8, 2025 for proposed spin-off of Cortigent subsidiary.
- Delay caused by current shutdown of the U.S. federal government.
- Company expects to reestablish and announce a new record date as soon as possible.
- ThinkEquity is exclusive financial advisor to Cortigent for the spin-off transaction.
- Cortigent develops brain implant devices with neuromodulation technology.
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